MCAs and the Role of Partnership in Dynamic Portfolio Management

With institutional investors under increasing pressure to maximise returns, innovative ways of redefining the traditional relationship between allocators and managers can play a significant role in enabling outperformance. In an article authored by Maples Fund Services’ Head of Institutional Investors Solutions, James Perry, the benefits of the Managed Custody Account ("MCA") structure are explored. The MCA structure creates a template for establishing strategic partnerships between asset allocators and asset managers that affords investors access to managers’ best ideas and highest performing strategies under a construct that can improve governance, better align interests between both parties and reduce expenses.